
The Piper Cheyenne PA-31T is a versatile turboprop aircraft, ideal for private charter travel, offering a balance of speed, range, and cost-effectiveness. It typically seats 6-8 passengers and is powered by reliable Pratt & Whitney PT6A engines, making it suitable for regional business trips, family travel, and medical transport. Charter rates for the Cheyenne are generally lower than those for light jets, especially for flights between 300-700 nautical miles. Jettly's platform allows users to easily compare Cheyenne options with other aircraft, providing transparent pricing and access to vetted operators for a seamless booking experience.


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Charter airline companies operate on-demand flights, allowing travelers to customize routes and schedules, unlike traditional airlines with fixed timetables. Jettly serves as a technology-driven booking platform that connects users to over 20,000 aircraft globally, providing flexibility without the need for long-term commitments like jet cards. The charter industry offers significant time savings and access to more airports compared to commercial airlines, with various flight types available, including private, semi-private, and group charters. Jettly enhances the charter experience by offering transparent pricing, instant quotes, and seamless integration of ground transport and in-flight services.
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The Beechcraft King Air E90, a versatile turboprop aircraft, has annual operating costs that can exceed $1.1 million for high-utilization owners flying around 450 hours per year, with costs averaging approximately $2,577 per hour. Key cost drivers include fuel, maintenance, crew salaries, insurance, and hangar fees, with fuel being the largest variable expense. For those flying fewer than 200 hours annually, chartering through platforms like Jettly may be more cost-effective, as it avoids the high fixed costs associated with ownership. Ultimately, the decision between ownership and chartering hinges on expected flight hours and the value placed on aircraft availability and customization.
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Understanding the costs of private airplanes involves three main components: chartering flights, purchasing an aircraft, and ongoing operational expenses. In 2026, charter rates range from approximately $2,000 to over $14,000 per hour, while purchase prices for new jets start at around $3.5 million and can exceed $81 million for ultra-long-range models. Annual operating costs can reach $500,000 to $2 million or more, depending on the aircraft type and usage, making chartering more cost-effective for those flying fewer than 200-250 hours annually. Jettly offers a digital marketplace for on-demand private jet charters, providing transparent pricing and flexibility without the burdens of ownership.
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In 2026, purchasing a private jet ranges from approximately $2 million for older very light jets to over $100 million for ultra-long-range models, with annual operating costs typically between $500,000 and $2 million. Buyers must consider not only the acquisition cost but also ongoing expenses such as crew salaries, maintenance, and insurance, which can significantly impact total ownership costs. For those flying less than 200 hours annually, chartering through platforms like Jettly may be more cost-effective than ownership, while frequent flyers may benefit from full or fractional ownership. Understanding the various costs and options available is crucial for making informed decisions about private jet travel.
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NetJets boasts a long-standing safety record, operating over 792 aircraft without a passenger fatality for more than five decades until a recent incident in June 2026. The company emphasizes safety through rigorous training, a structured Safety Management System, and certifications like ARGUS Platinum and IS-BAO Stage III, alongside a culture that encourages reporting safety concerns. However, recent disputes with the NetJets Association of Shared Aircraft Pilots have raised questions about maintenance documentation and fatigue management, highlighting the importance of maintaining a transparent safety culture. Travelers can also consider alternatives like Jettly, which connects clients with vetted operators that meet similar safety standards while offering flexibility and cost transparency.
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Executive Jet Management (EJM) and NetJets provide comprehensive management and operational support for privately owned aircraft, focusing on services like crew hiring, maintenance, and regulatory compliance, while also offering fractional ownership options. EJM operates over 230 aircraft globally and conducts more than 41,500 flights annually, allowing owners to offset costs by chartering their jets when not in use. In contrast, Jettly offers a flexible on-demand charter service with access to over 20,000 aircraft worldwide, catering to travelers who prefer not to commit to ownership. The choice between these options depends on flight frequency, budget, and specific travel needs, with Jettly often being more cost-effective for those flying fewer than 150 hours per year.
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Fractional Jet Ownership Tax Benefits: Depreciation, Section 179 & Deductibility
Fractional jet ownership can offer significant tax advantages for qualified business operators, primarily through bonus depreciation, Section 179 expensing, and deductions for business-use flight activity. However, these benefits come with complexities, including compliance requirements, limitations on business use, and potential tax consequences such as depreciation recapture upon resale. The tax treatment varies based on ownership structure and individual circumstances, making it essential for buyers to consult with tax professionals to navigate these intricacies. For those prioritizing flexibility and reduced administrative burdens, jet card programs and charter services may provide simpler alternatives without the tax benefits associated with ownership.
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Fractional Ownership vs Jet Card vs Charter: Which Is Right for You?
This guide compares three private aviation options: fractional ownership, jet cards, and on-demand charter, highlighting their distinct trade-offs in cost, commitment, flexibility, and aircraft consistency. Fractional ownership requires a significant upfront investment and long-term commitment, making it suitable for frequent flyers (100-200+ hours/year) who value consistent access to a specific aircraft. Jet cards offer a more flexible, pay-as-you-go model ideal for moderate flyers (25-100 hours/year) seeking predictable pricing without ownership risks. On-demand charter is the most flexible and cost-effective option for occasional flyers (under 25 hours/year), allowing users to pay only for the flights they take without any long-term commitments.
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